Globalisation

Richard Baldwin

MINT052 | Autumn | 6ECTS

This course looks at how globalisation and its conceptualisation have changed over the past two centuries. The first part takes a short look at the long history of globalisation, focusing on how globalisation changed in the early 19th century and again at end of the 20th century. The second part considers an extension of the traditional globalisation narrative that accounts for why and how globalisation changed. The third part lays out the basic economics of broad-brush globalisation, and then uses the economics to make sense of globalisation’s impact on the world economy since 1820. The last part considers why the changed nature of globalisation matters for policy making, focusing on what the changes mean for G7 globalisation policies and for developing nations. The course concludes with conjectures about what the future holds for globalisation and vice versa.